The Enterprise Edition for professional traders is a server installation of AlgoEye which includes the following features. Not all features are available in a hosted solution yet, we are working on it! To be finished by early 2014.

Automatically fit the volatility surface with quadratic spline, cubic spine or hyperbolic based volatility models. The surface is optimized in a way that theoretical prices stay within bid-ask option prices as possible.

Act on identified opportunities and trade them. With this volatility arbitrage strategy you bet on volatility of a particular strike to come back to the fitted volatility. Use it together with risk hedging strategies.

An advanced cutting-edge strategy which takes position in spread strategies like vertical, ratio, diagonal spreads or butterflies by intelligently combining provision and consuming of liquidity. Allows to trade spreads close to theoretical (mid-market) price on average.

While discrete delta hedging takes care only of your delta risk by trading underlying, vega/gamma hedger trades options to reduce your exposure not only in delta but in vega and gamma as well. Useful when you trade vega-nutral, gamma-neutral or want to hedge delta, vega and gamma altogether.

The forward price on the expiry date is the price of the futures contract with the same expiry. Unfortunately, not all expiries have their own futures contract. In case an expiry doesn’t have a futures contract the forward price is backed out of the option chain by constructing synthetic futures and solving for a future price.

AlgoEye uses realistic exchange simulator both in manual replay mode and automatic backtesting. The recorded sequence of trades and volumes on bid/offer are used to create near-realistic simulation. Posted limit orders are filled according to price-time priority. Backtest a market-making strategy with reliable results.

Available margin dictates how a strategy have to implemented. It is not always possible to leg into a spread by first filling a short options leg and then the long one. The required margin for the short options might be too high although the margin for the spread is within your risk tolerance. AlgoEye optimally fills spreads while maintaining the margin within set bounds.

When providing liquidity to the market it is critical that a strategy knows at which price to post bid or offer. Many exchanges implement complex tick rules where a gap between price levels depends on the price